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L05 SE6-7 Inventory Turnover and Days' Sales in Inventory Herberger& Company disclosed the following information in its recent annual report: 2015 2016 Cost of goods

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L05 SE6-7 Inventory Turnover and Days' Sales in Inventory Herberger& Company disclosed the following information in its recent annual report: 2015 2016 Cost of goods sold.. . Beginning inventory Ending inventory. 2,000,000 4,000,000 4,000,000 5,000,000 Calculate the company's inventory turnover and days' sales in inventory for both years

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